Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound FL 33455 Condo Market Report March 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2017

 

For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 16 active condo listings. (Increased by 3 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condos sold in March. (Increased by 2 closed sales from February)

 Hobe Sound FL 33455 Condo Market Report March 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February).  A sellers market for Hobe Sound condos. Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2016 numbers were: 5 active listings, 7 pending sales and 3 closed sales.  Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Pierpoint Yacht Club April 2017 Market Report

Pierpoint Yacht Club April 2017 Market Report

There are 4 active listings in Pierpoint for early April 2017.  List prices range from a low of $94,888 up to a high of $178,500 for an average list price of $135,722 which equates to a per sq. ft. price of $111.22.

There are 4 condos currently under contract. These condos were listed from $109,900 up to $199,000 for an average list price of $159,700 or $126.69 per sq. ft. of living space.  These condos averaged 78 days on the market before going under contract.

In the past 12 months, 13 condos have sold in Pierpoint.  Sale prices ranged from $$87,000 to $229,900 for an average sales price of $134,338 which equals $106.38 per sq. ft. of living space.  These condos were under contract in an average of 87 days and sold at an average of 95% of the list price.

 Pierpoint Condos for Sale in Stuart FLAbout the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock.  First floor, end unit overlooking a peaceful courtyard and pond with a fountain.  Clean, freshly painted, vacant unit just perfect for you!

Pierpoint Condos for Sale in Stuart FLLocated in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos for Sale in Stuart FLPierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

 Pierpoint Condos for Sale in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

 Pierpoint Condos for Sale in Stuart FL

As of April 2017 the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo.  These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

 

Pierpoint Yacht Club April 2017 Market Report

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Stuart Florida Real Estate presented by:
the Gabe Sanders BlueWater Realty team

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017

  For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 200 active listings. (Down by 33 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

102 Residential sales are pending and awaiting close  (Up by 26 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

42 Homes Sold in March (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February).  Still in a sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2016 were:  212 active listings, 105 pending sales and 56 closed sales. Slightly stronger activity last year, but this was with a bit more inventory as well.

Hobe Sound FL 33455 Residential Market Report March 2017

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2017

 

For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2017

 For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 2017

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report March 2017